Brooklyn FI LLC Has $650,000 Stock Holdings in BARK, Inc. (NYSE:BARK)

Brooklyn FI LLC decreased its position in BARK, Inc. (NYSE:BARK) by 12.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 359,210 shares of the company’s stock after selling 49,892 shares during the period. Brooklyn FI LLC owned about 0.20% of BARK worth $650,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BARK. Vanguard Group Inc. raised its holdings in shares of BARK by 5.0% in the 1st quarter. Vanguard Group Inc. now owns 6,207,032 shares of the company’s stock worth $7,697,000 after buying an additional 298,343 shares in the last quarter. Gabelli Funds LLC lifted its holdings in shares of BARK by 22.7% during the first quarter. Gabelli Funds LLC now owns 54,000 shares of the company’s stock valued at $67,000 after acquiring an additional 10,000 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of BARK by 27.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 39,225 shares of the company’s stock valued at $49,000 after acquiring an additional 8,436 shares during the period. ARS Investment Partners LLC acquired a new stake in shares of BARK in the 2nd quarter valued at $205,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of BARK by 10.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 407,102 shares of the company’s stock worth $737,000 after purchasing an additional 37,980 shares during the last quarter. Institutional investors own 28.76% of the company’s stock.

BARK Trading Down 4.1 %

Shares of BARK stock opened at $1.62 on Monday. BARK, Inc. has a 12-month low of $0.70 and a 12-month high of $1.91. The company has a current ratio of 2.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.31. The company has a 50-day simple moving average of $1.62 and a 200 day simple moving average of $1.40.

BARK (NYSE:BARK) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The company had revenue of $116.21 million during the quarter, compared to analyst estimates of $115.00 million. BARK had a negative net margin of 7.28% and a negative return on equity of 19.27%. Analysts predict that BARK, Inc. will post -0.1 earnings per share for the current fiscal year.

BARK Company Profile

BARK Inc, a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the design of playstyle-specific toys, satisfying treats, personal meal plans with supplements, and dog-first experiences designed to foster health and happiness of dogs everywhere.